
Published on October 10, 2007
Managing director Supak Muennikorn said the mini-outlets met requirements of individual small investors who wanted to be business-owners but remain independent from strict franchise regulations.
"Our new mini-format stores will require small investors to spend only Bt55,000 for a one-year contract," said Supak.
"We'll focus on expanding small EZ's outlets to many prime locations in Bangkok and its outskirts - shopping malls, office buildings and hospitals - before expanding to major provinces, particularly in the Northeast," he said.
The company expects to open about 120 mini-outlets by the end of next year.
"We try to blend our format to the current economic situation, which has witnessed a huge decline in spending power.
"These negative factors mean we've had to delay opening large, conventional restaurants, which cost about Bt2 million each," he said.
Supak said the company would consider expanding into Cambodia, Burma, Vietnam and China.
The Nation